we highlight that in the silver city which is. cheryl: energy and realty but not closely. very interesting what you are saying. look at wireless. >> an interesting one. we thought highly of the company, many investors did. in place of ipo on top of a range traded down 18%. it was an ipo disaster. today is trading 15% above the ipo price. what a turnaround. investors are coming back to look at these growth companies. that disaster of the deal turned out not to be such a disaster. cheryl: when i save facebook t d c disaster of the deal? >> near-term yes but long-term an interesting company. the stock dropped 50% off of the ipo price to a bottom of 1750 a share. it is almost $20 a share. if you bought the stock in october you would have a nice gain. cheryl: using facebook is one of the things that turn off investors? several ibms we have spoken about, performances have been negative. what does that say about the appetite? >> no doubt about facebook being one of those the cause the state of paralysis. the ridge we did things in 2012, we facebook caused the ipo market to close